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Re: WithCatz post# 367663

Tuesday, 03/27/2012 4:30:23 PM

Tuesday, March 27, 2012 4:30:23 PM

Post# of 730001
Wamugold, definitely, run it by an atty. Their probably going to request a copy of the texaco settlement. That should spell out holders as of a specific date range get a recovery. I would NOT take your brokers word for it. Usually, it's the settlement date, not the trade date. It's possible your broker is contacting everyone who sold but didn't settle to try to collect extra profits on a technicality. Then again, it might also go by the trade date and the texaco settlement lawyers did a claw back on your broker and they, understandably, want a claw back from you. Could go either way but you definitely have a shot of keeping it.
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